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Uzawa(1961)’s Steady-State Theorem in Malthusian Model

Listed author(s):
  • Li, Defu
  • Huang, Jiuli
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This paper proves that there is a similar Uzawa (1961) steady-state growth theorem in a Malthusian model: If that model possesses steady-state growth, then technical change must be purely land-augmenting and cannot include labor augmentation.

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File URL: https://mpra.ub.uni-muenchen.de/55329/1/MPRA_paper_55329.pdf
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 55329.

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Date of creation: Apr 2014
Handle: RePEc:pra:mprapa:55329
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  1. H. Uzawa, 1961. "Neutral Inventions and the Stability of Growth Equilibrium," Review of Economic Studies, Oxford University Press, vol. 28(2), pages 117-124.
  2. Daron Acemoglu, 2003. "Labor- And Capital-Augmenting Technical Change," Journal of the European Economic Association, MIT Press, vol. 1(1), pages 1-37, 03.
  3. Andreas Irmen, 2004. "Malthus and Solow - a note on closed-form solutions," Economics Bulletin, AccessEcon, vol. 10(6), pages 1-6.
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